BMBL earnings analysis
What we found in BMBL's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Bumble Inc. reported its Q1 2026 results, posting a revenue of $212.4 million, down 14.1% from the previous year, despite an EPS of $0.34, exceeding expectations of $0.26. Key improvements were noted in operating cash flow and free cash flow, although ongoing restructuring efforts present headwinds moving forward.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue of $212.4M
- Q1 2026 revenue totaled $212.4M, a decline of 14.1% from $247.1M year-over-year.
- EPS Beat Estimates
- Reported EPS of $0.34 exceeded estimates of $0.26, reflecting a strong performance.
- Adjusted EBITDA Improvement
- Adjusted EBITDA reached $82.6M, up from $64.4M in Q1 2025, improving margin from 26.1% to 38.9%.
- Strong Cash Flow Performance
- Operating cash flow increased to $77.2M in Q1 2026, compared to $43.2M in Q1 2025.
- Cash Position Strengthened
- Cash and equivalents rose to $245.6M, an increase of $69.8M from the end of 2025.
- Reduced Selling and Marketing Costs
- Selling and marketing expenses dropped to $26.96M, a decrease of 54.9% year-over-year.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Declining User Base
- Paying users decreased to 3.17M from 4.01M year-over-year, contributing to revenue decline.
- High Debt Levels
- Long-term debt stands at $587.5M, potentially restricting operational flexibility.
- Ongoing Restructuring Costs
- Expected restructuring charges approaching $15 million may impact future liquidity.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.34
- Operating margin
- 30.7%
- Segment
- Bumble App: $172.7M
- Segment
- Badoo App & Other: $39.7M
What they said about what is next.
Guidance for Q2 2026 revenue is between $205M and $213M.
The filing reads about the same as the one before it.
What came before.
- 10-K · March 16, 2026
- Bumble’s 2025 10-K emphasizes product-led strategy anchored in brand, shared infrastructure and expanding AI capabilities while reporting a smaller revenue base versus 2024 and volatile operating results driven by…
- 10-Q · November 7, 2025
- Bumble returned to positive quarterly operating performance in Q3 2025: revenue was $246.2M and diluted EPS was $0.33, reversing a year‑ago operating loss driven by impairment charges. Gross margin expanded to 71.9% and…
- 10-Q · August 7, 2025
- Bumble reported Q2 revenue of $248.23M (three months ended June 30, 2025), down $20.39M (7.6%) versus Q2 2024. The quarter includes a $404.86M impairment that drove an operating loss of $338.34M and diluted EPS of…
- 10-Q · May 12, 2025
- Bumble reported revenue of $247,101 (in thousands) for Q1 2025, down from $267,775 (in thousands) a year ago, while diluted EPS declined to $0.13 from $0.19. Operating margin remained roughly stable at 18.1% and the…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
Read the next one first.
We read every filing BMBL makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.
Cancel anytime · Month to month · Switch tiers whenever